Peur Marketplace

PEUR MARKETPLACE

This is a universal, devolved marketplace centered on the block chain. It features a transferable, trustful network in which the blockchain record each and every transaction. Payments are made in one step. Integration with Peur facilitates mobile and Ethereum-based tokens capable of converting the digital currency into fiat currency.

PROS

• Flexible pricing means a user does not have to pay more than they need. This allows for customizable, per-employee monthly subscription.
• Enables businesses to reduce overheads; utilize Peur Marketplace’s a secure platform as opposed to creating and maintaining their individual users' systems. The system, therefore, eliminates the need to invest in software, hardware, and other costly resources.
• It features strict security protocols and hence confidential information provided by businesses or users is adequately protected at all times.
• It guarantees business continuity; it contains seamless knowledge transfer feature that does not necessitate documentation system or data recovery strategies even when a user’s business undergoes some changes.
• With the platform, customers are able to redeem points, compare prices and view transaction history. They can also propose credit payments with no fee for up to three months.
• It allows Peur community to give feedback on the system, trade amongst with other members and take part in charity programs with other members.
• Whitepaper: The whitepaper is comprehensive and elaborate on every aspect of the platform allowing the reader to fully understand the system.

CONS

• The platform faces stiff competition from a large number of e-commerce websites that are being established in various parts of the world.
• Opposition from localized cartels that earn from traditional markets may curtail the progress of the e-commerce.
• Team: while the system has a good number of team members, no description is provided on their qualification and specialization.

SUGGESTION

• Peur Marketplace should market itself aggressively so as to beat the competition due to increasing need for an online global marketplace.
• The platform should partner with local security agencies to avoid possible bad publicity from unscrupulous associations.
• Include a short description of the qualification, experience, and achievement of the team member to increase confidence in the platform.

NOTE: Evidently, the concept is attractive and as such will attract customers, users and service providers. However, the fact there are several other similar platforms in the market may hamper its growth. Even with the benefits of the block chain technology, there is a likelihood users will adopt a wait-and-see attitude before they fully embrace it. So, I will not invest in it.

Summary

While there are still some kinks to be worked out, we firmly believe that Peur is one of the best options available if you are looking to invest in an e-commerce ICO. Along with their work to improve one-click shopping, Peur is looking like a promising overall marketplace.

Positives
No Middle-Man: The best part about Peur is that it links the vendor with the person who is buying their good directly. There is no more dealing with shady middle-men who may be taking a cut of the sale, and you are interacting directly with the vendor/customer, making a more personal experience.
Integration of E-Commerce and Crypto: The main goal of Peur is to make for an e-commerce platform that is intrinsically compatible with cryptocurrency, which is a relatively common pursuit. While there is competition, Peur seems better-organized than many of the other offerings.
Faster Transactions: One of the main benefits to Peur is that it will allow for much quicker one-click transactions, which is something that is sorely missing in the crypto e-commerce domain. All of these transactions will be carried out safely and securely.
Negatives
Poor Website: One of the only issues we have come across with Peur is that their site is designed quite poorly. Perhaps it is a matter of poor optimization, but whenever we tried to visit their website, we were met with incredibly long load times and some pages that wouldn’t load at all.